Hsbc Holdings PLC Takes Position in Williams Companies, Inc. (The) $WMB

Hsbc Holdings PLC acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, Holdings Channel.com reports. The firm acquired 2,611,216 shares of the pipeline company’s stock, valued at approximately $194,429,000.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina raised its position in Williams Companies by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after acquiring an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC raised its position in Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after acquiring an additional 296 shares in the last quarter. Finally, Ieq Capital LLC lifted its holdings in Williams Companies by 160.1% in the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after acquiring an additional 101,574 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the sale, the senior vice president owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 17,000 shares of company stock valued at $1,262,930 over the last quarter. 0.47% of the stock is owned by corporate insiders.

Williams Companies Price Performance

Williams Companies stock opened at $71.00 on Wednesday. The stock has a market capitalization of $86.84 billion, a P/E ratio of 28.29, a P/E/G ratio of 1.48 and a beta of 0.58. The company’s fifty day moving average price is $73.36 and its 200 day moving average price is $73.23. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.46 earnings per share. The company’s revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts anticipate that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies’s dividend payout ratio is presently 83.67%.

Wall Street Analyst Weigh In

WMB has been the topic of a number of analyst reports. TD Cowen raised their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Barclays raised their price target on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Canadian Imperial Bank of Commerce upped their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Stifel Nicolaus increased their target price on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $85.60.

Williams Companies Company Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.